In a recent analysis, crypto analyst Rekt Capital has pinpointed the signs of a potential breakout in the Dogecoin (DOGE) price, which could pave the way for a significant price rally. However, several factors must come together for this scenario to unfold.

在最近的分析中，加密货币分析师 Rekt Capital 指出了狗狗币（DOGE）价格潜在突破的迹象，这可能为价格大幅上涨铺平道路。然而，要实现这种情况，必须有几个因素结合在一起。

Dogecoin Price Ready For A Breakout?

狗狗币价格准备好突破了吗？

Rekt Capital has shared the following 1-week DOGE/USD chart. According to his analysis, Dogecoin’s price movement has been confined within a descending channel pattern since its peak at the end of last year. This pattern is characterized by two parallel trendlines, representing potential support and resistance levels, with the Dogecoin’s price oscillating between them.

Rekt Capital 分享了以下 1 周 DOGE/USD 图表。根据他的分析，狗狗币的价格走势自去年年底达到顶峰以来一直被限制在下降通道模式内。这种模式的特点是两条平行的趋势线，代表潜在的支撑位和阻力位，狗狗币的价格在它们之间振荡。

Last Wednesday, DOGE’s price was rejected once again at the upper trendline, making it the fifth rejection within the last year. However, a key observation made by Rekt Capital is the “buy-the-dip” behavior exhibited by traders, which has so far prevented a strong downside continuation. He highlights:

上周三，DOGE 的价格再次在趋势线上方被拒绝，这是去年第五次被拒绝。然而，Rekt Capital 的一个关键观察是交易员表现出的“逢低买入”行为，迄今为止，这种行为阻止了强劲的下行趋势持续。他强调：

That “buy-the-dip” behavior we saw yesterday is looking like relief under key resistance. However, there has been no strong DOGE rejection & downside continuation. Most important signal is a Weekly Close above Channel Top to confirm a breakout.

我们昨天看到的“逢低买入”行为看起来像是关键阻力下的缓解。然而，DOGE 并没有出现强烈的拒绝和下行趋势的延续。最重要的信号是每周收盘价高于通道顶部以确认突破。

As Rekt Capital emphasizes, the most crucial signal for a potential breakout is if Dogecoin can achieve a weekly close above the channel’s top. Therefore, DOGE bulls need to display a strong “buy-the-dip” behavior. Should the price successfully close above the channel top, it could signify a strong bullish trend in the offing.

正如 Rekt Capital 所强调的那样，潜在突破的最关键信号是狗狗币能否实现周收盘价高于通道顶部。因此，DOGE 多头需要表现出强烈的“逢低买入”行为。如果价格成功收于通道顶部上方，则可能预示着即将出现强劲的看涨趋势。

Potential Price Targets

潜在的价格目标

Turning to the daily chart of DOGE/USD, several key price targets can be deduced based on Fibonacci retracement levels and Exponential Moving Averages (EMAs). The EMAs, which are utilized to pinpoint potential support and resistance levels based on past price data, are showing a cluster around the $0.0660 to $0.0684 range. Currently, DOGE has dropped below the crucial 200-day EMA (blue line) at $0.0684, but found support at 20-day EMA (red line) at $0.0660.

转向 DOGE/USD 的日线图，可以根据斐波那契回撤水平和指数移动平均线 (EMA) 推断出几个关键价格目标。 EMA 用于根据过去的价格数据确定潜在的支撑位和阻力位，显示出围绕 0.0660 美元至 0.0684 美元范围的集群。目前，DOGE已跌破关键的200日均线（蓝线）0.0684美元，但在20日均线（红线）0.0660美元处找到支撑。

If a breakout from the descending trend channel is successful, the 0.236 Fibonacci level at $0.0785 will probably be the first major price target. If DOGE bounces off this level, a retest of the breakout is very likely – it would be a do-or-die moment for Dogecoin. However, a successful retest could pave the way for DOGE to break above the $0.0785 price level and set the stage for the subsequent price targets.

如果成功突破下降趋势通道，0.236 斐波那契水平（0.0785 美元）可能会成为第一个主要价格目标。如果狗狗币从这个水平反弹，很可能会重新测试突破——这对狗狗币来说将是一个生死攸关的时刻。然而，成功的重新测试可能为 DOGE 突破 0.0785 美元的价格水平铺平道路，并为后续价格目标奠定基础。

On the higher side, the Fibonacci retracement levels to watch are 0.382 ($0.0938), 0.5 ($0.1062), 0.618 ($0.1186) and 0.786 ($0.1363), which often act as critical resistance and support zones. The ultimate goal of a potential 135% rally would be the November 1 high at $0.1588.

在较高的方面，值得关注的斐波那契回撤位为 0.382（0.0938 美元）、0.5（0.1062 美元）、0.618（0.1186 美元）和 0.786（0.1363 美元），这些位置通常是关键阻力和支撑区域。潜在 135% 反弹的最终目标将是 11 月 1 日高点 0.1588 美元。

In conclusion, while the current market sentiments and patterns hint at a potential breakout, it remains imperative for DOGE to secure a weekly close above the channel top. Should this happen, and coupled with supportive market dynamics, Dogecoin could witness a breathtaking rally once again.

总之，虽然当前的市场情绪和模式暗示着潜在的突破，但 DOGE 仍必须确保每周收盘价高于通道顶部。如果这种情况发生，再加上市场动态的支持，狗狗币可能会再次见证惊人的反弹。